his identity did not matter so far. I mean bitcoin is on the rise and blockchain framework is spreading fast. However it might be dangerous not knowing him; imagine the scenario where bitcoin value rockets in the future and suddenly Satoshi decides to dump all of his coins (which are alot) in the market; guess what will happen then.
I think that would be the only reason that would make it important to know his identity.
Topic: Do you think it matters who Satoshi Nakamoto is/was? (Read 528 times)
I personally don't really mind who he is. At least i have another source of income regardless.
My personal take on it is that Bitcoin may actually be harmed if the authorities catch up with Satoshi Nakamoto. I think we all saw the crap that Dorian Nakamoto had to go through when he got fingered as the creator of Bitcoin. They could conceivably wring all sorts of false "confessions" out of him if they are determined enough to discredit Bitcoin and Satoshi Nakamoto's reasoning behind creating Bitcoin.
i disagree.
what you said could have been true back in many years ago when people weren't much familiar with bitcoin and it was early days of it. by then Satoshi was bitcoin so anything wrong with Satoshi could reflect on bitcoin too. but now there is a much bigger developers team and people realized that bitcoin is not centralized to one person or even a group of people to be "harmed" if something goes wrong with them.
This is going to turn into a huge spam thread, I can tell, but it's actually a very good
question. And I don't think it matters in the least who thought up bitcoin. In fact,
I firmly believe that it wasn't one person and it wasn't someone named Satoshi Nakamoto.
I think it was a group of people working for either banks or government, and there's a
very good reason why that genesis block hasn't moved yet. I'm not sure what the
reason is, but it's a reason some very powerful interests know, that's for sure (in my
mind).
Do you guys honestly believe that someone would just sit on that much money and
not do anything with it for years? Come on. That's a backup fund for a financial
disaster of epic proportions, and it'll likely be caused by this constant money printing
our government(s) are doing. You'll see.
question. And I don't think it matters in the least who thought up bitcoin. In fact,
I firmly believe that it wasn't one person and it wasn't someone named Satoshi Nakamoto.
I think it was a group of people working for either banks or government, and there's a
very good reason why that genesis block hasn't moved yet. I'm not sure what the
reason is, but it's a reason some very powerful interests know, that's for sure (in my
mind).
Do you guys honestly believe that someone would just sit on that much money and
not do anything with it for years? Come on. That's a backup fund for a financial
disaster of epic proportions, and it'll likely be caused by this constant money printing
our government(s) are doing. You'll see.
Not at all. Bitcoin has been running for a while without him, and I don't think even his identity reveal can truly affect us. The point of decentralization is for Bitcoin to not need a central figure, and while Satoshi did create Bitcoins, I would not say he has ever had control over it.
Don't get me wrong, Satoshi would be very influential owing to his status as the founder. He might not have control, but I'm guessing a lot of people will take his words about Bitcoin and its future very seriously. He can cause certain things to happen, especially with his rumored stash of 1m Bitcoins, but his identity shouldn't matter in the big picture.
Don't get me wrong, Satoshi would be very influential owing to his status as the founder. He might not have control, but I'm guessing a lot of people will take his words about Bitcoin and its future very seriously. He can cause certain things to happen, especially with his rumored stash of 1m Bitcoins, but his identity shouldn't matter in the big picture.
Being a decenralized and open sourced I don't think it will matter even if people or authorities find out who and where he is right now, Bitcoin is much more secured right now and steadily growing at a past phase
Since now, I am the only one who voted by "Maybe", because really i don't know that is matter to know satoshi nakamoto or no. I think bitcoin will be not affected if we found satoshi nakamoto, maybe it will be more good if we can't found it. Really i don't know. Now, bitcoin is powerful and it have a very good potential so maybe i think it's not matter the identity of satoshi.
If we know who Satoshi Nakamoto is, all the things from bitcoin would be discovered, but it wouldn't change anything since this guy is the founder of all this project, but there are no ways to proove it.
anyway, i would really love to talk to this guy, he is probably very clever and knows a lot of things about everything, i would really enjoy talking to him, that would be like a travesy.
but in fact, satoshi nakamoto's real identity would not make any change on the price if it is discovered.
anyway, i would really love to talk to this guy, he is probably very clever and knows a lot of things about everything, i would really enjoy talking to him, that would be like a travesy.
but in fact, satoshi nakamoto's real identity would not make any change on the price if it is discovered.
It matters that he stays who he is/was - - No ONE!
This would not be trully decentralised if he was known.
This would not be trully decentralised if he was known.
My personal take on it is that Bitcoin may actually be harmed if the authorities catch up with Satoshi Nakamoto. I think we all saw the crap that Dorian Nakamoto had to go through when he got fingered as the creator of Bitcoin. They could conceivably wring all sorts of false "confessions" out of him if they are determined enough to discredit Bitcoin and Satoshi Nakamoto's reasoning behind creating Bitcoin.
Satoshi didn't want Bitcoin to be strongly influenced by a few persons, even by himself or other developers, and Bitcoin was designed to be based on community consensus. Sure, there will be some panic if Satoshi will get arrested by authorities or will start moving his coins, but there's nothing that can cause a long term damage - there is no master keys or backdoors. As for your scenario, no one will believe any forced "confessions", and Satoshi is not actively influential so again, it won't kill Bitcoin.
I think it matters a little. First because he could actually become an important leader to unify the bitcoin community. Wee keep seeing these forks, some of them not handled very well, like segwit2x. So his opinion would be very important since he was the creator of bitcoin. I know bitcoin is decentralized, but that doesn't mean that the devs shouldn't try to be united.
There is of course the huge amount of coins he holds (1.5m if I'm not mistaken). That is a huge amount of coins, and whatever he plans on doing with them (spend, burn, hold, wtv) would have a huge impact on it's price.
There is of course the huge amount of coins he holds (1.5m if I'm not mistaken). That is a huge amount of coins, and whatever he plans on doing with them (spend, burn, hold, wtv) would have a huge impact on it's price.
For me yes! Since Nakamato is the founder of BTC its good to know to know who he is and what is his other plans and goals for btc .
It doesn't matter who it was or who they were. They managed to change the world and make people question the whole economy!!
We should thank him for the great source he created for us. Many lives have been changed. Personally speak, even if the govt is against BTC in few countries, the authority individual may try earning from bitcoins, who knows. We bitcoin earners should support the founder and his creation by enhancing its growth.
It doesn't matter who it was or who they were. They managed to change the world and make people question the whole economy!!
Has it mattered who he is up to this point?
His identity really doesnt matter in the grand scheme of things. while I think a large part of the community would defer to his wishes to a point, if he is alive there is a reason why he hasnt really said anything after all these years, and after all the developments. what DOES matter if is he, she, it or they is still alive and able to access the private keys of those massive wallets. the fact that the coins havent moved instills a lot of trust in the community; if or when they do, I think we will see a bit of panic selling, unless this occurs much later in the lifespan of bitcoin. but Satoshi is mortal, and probably middle aged or old. doubt he would survive that long if he is still alive.
His identity really doesnt matter in the grand scheme of things. while I think a large part of the community would defer to his wishes to a point, if he is alive there is a reason why he hasnt really said anything after all these years, and after all the developments. what DOES matter if is he, she, it or they is still alive and able to access the private keys of those massive wallets. the fact that the coins havent moved instills a lot of trust in the community; if or when they do, I think we will see a bit of panic selling, unless this occurs much later in the lifespan of bitcoin. but Satoshi is mortal, and probably middle aged or old. doubt he would survive that long if he is still alive.
Someone who controls that many coins should have attention paid to them. I don't care who they are. I would like to know what their plans for those coins are.
My personal take on it is that Bitcoin may actually be harmed if the authorities catch up with Satoshi Nakamoto. I think we all saw the crap that Dorian Nakamoto had to go through when he got fingered as the creator of Bitcoin. They could conceivably wring all sorts of false "confessions" out of him if they are determined enough to discredit Bitcoin and Satoshi Nakamoto's reasoning behind creating Bitcoin.
I honestly don't think it matters who Satoshi Nakamoto was. Sure it would be nice to know but it's not necessary. All that matters is the legacy he/she or they left behind which was Bitcoin.
For me, no matter who is he, the matter of earning, bitcoin gives us source of income that's all
i think Satoshi Nakamoto a group name, not single person
i think Satoshi Nakamoto a group name, not single person
I would prefer if he remained anonymous and he should for his own sake. If he gets discovered i'm sure there will be people willing to target him personally to influence the price. Think what would happen if somebody managed to destroy his image. For instance if they placed child porn on his PC and made a big deal out of it screaming from the headlines that the creator of BTC is a pedophile. The agencies would very much like him gone and even better, working for them.
I don't think so. The last 6-7 years without him proved that this experiment can be carried on by his trusted developers and attract quite a large crowd of peers and supporters. His identity isn't really important by now but rather his access to his rumored 1m coins since it could be a game changer and could be really controversial since he can just dump on everyone of us and have a good laugh about it.
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